Almonty Industries Inc ALM
$18.51 $0.82 (4.64%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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ALM Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Almonty Industries Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Almonty Industries Inc. Stock Analysis ALM
United States Materials Mid Cap Almonty Industries, Inc. engages in mining, processing and shipment of tungsten concentrates. The company is headquartered in Dillon, Montana and currently employs 338 full-time employees. The company went IPO on 2010-06-30. The firm is engaged in mining, processing and shipping tungsten concentrate from its Panasqueira Mine in Portugal. The company also has a significant molybdenum resource on a separate property adjacent to the tungsten orebody at the Sangdong Mine. Its additional development projects include the Valtreixal Project in northwestern Spain and Los Santos Mine in western Spain. The Panasqueira Mine is located in Covilha, Castelo Branco, Portugal. The Sangdong Mine is located at Sangdong in the south-eastern Korean Peninsula, approximately 170 km east-southeast of Seoul, South Korea. The Valtreixal Mine is a potential open pit operation, and is located in the northwest part of the Zamora province, in the Castilla de Leon region of Spain. The company also operates Woulfe, whose properties are located in Gangwon Province, Republic of Korea, and whose operations relate primarily to the development of the Sangdong Project.
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Financial Metrics & Statements of Almonty Industries Inc (ALM)
FAQ's for Almonty Industries Inc (ALM)
- As of August 2026, Almonty Industries Inc ALM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Almonty Industries Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Almonty Industries Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Almonty Industries Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Almonty Industries Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Almonty Industries Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Almonty Industries Inc (ALM)
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